Summit Professional Plaza I & II
Medical & Professional Office | 97,262 SF | 10.04 AC
Marketing description
Northmarq National Healthcare Group is pleased to exclusively present the opportunity to acquire the fee simple interest in Summit Professional Plaza I & II (the “Property”), a two-building, 97,262-square-foot, multi-tenant professional and medical office campus located at 1111 Glynco Parkway in Brunswick, Georgia. The Property is anchored by Southeast Georgia Health System (“SGHS”), an investment-grade (BBB / S&P) not-forprofit regional health system that serves as the dominant healthcare provider across the Golden Isles and broader Coastal Georgia region. SGHS occupies approximately 16,023 square feet across two suites under long-term leases extending through December 2031, providing institutional-quality credit tenancy at the core of the rent roll.
Investment highlights
- Investment-Grade Health System Anchor with Dominant Regional Market Position
- Diversified, Needs-Based Tenant Mix Mitigating Concentration Risk
- Defined Value-Add Leasing Opportunity with Embedded Upside
- Below Replacement Cost with Significant Barriers to Entry
- Strong In-Place Cash Flow with Contractual Escalation
- Strong Healthcare Demand Fundamentals Driven by Physician Shortage & Outpatient Shift
- Strategic Coastal Georgia Location with Favorable Economic Drivers
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